Tax planning

Listen to this article The Cabinet Committee on Economic Affairs (CCEA) has approved the Income Tax Department’s PAN 2.0 project, marking a significant step forward in modernizing PAN and TAN management systems. But what changes can you expect? This initiative is designed to enhance accessibility and efficiency while strengthening data protection. With PAN 2.0, users […]

Listen to this article India’s income tax framework allows taxpayers to select between two regimes—the Old Tax Regime and the New Tax Regime. Recent updates, particularly in Budget 2024, have introduced changes aimed at simplifying the process while redefining tax-saving opportunities. Let’s dive into the key highlights and details to help you make the right choice. Table of […]

Listen to this article The Central Government has been consistently offering various tax benefits to those who opt for the New Income Tax Regime. With each passing year, these incentives have been enhanced, making it a more attractive option for many taxpayers. Interestingly, even without making any tax-saving investments, the New Income Tax Regime allows […]

Listen to this article You might think that making investment decisions with your tax situation in mind is crucial, and often, you’re right. But is it always the best approach? There’s a saying, “Don’t let the tax tail wag the dog.” In other words, should you really optimize your investments solely for tax benefits? My […]

Listen to this article Central Government passed the Amendments to the Finance Bill, 2023 in Lok Sabha on 25th March 2023. As per the amendment, the Long-Term Capital Gains are removed for Debt Mutual Fund Schemes including Gold Mutual funds, Fund of Funds, Conservative Hybrid Mutual Funds & Foreign Equity Mutual Funds. This amendment is […]

Listen to this article Do you want to know the revised latest Income Tax Slab Rates for Financial Year 2023-24 in Budget 2023? Finance Minister has revised the income tax slab rates for individuals in the recent budget 2023. In this article let’s see What are Income Tax Slab Rates? Gross Income VS Taxable Income […]